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2022
Exports $746MWorld Rnk 3 / 218
Flag Rnk 69 / 96
2022
Destination $13.5M Germany
2021 - 2022
FASTEST GROWING MARKET $13.5MFrance
2022
PRODUCT COMPLEXITY IN Headgear0.5Rnk 367 / 1025
2022
Imports $555MWorld Rnk 7 / 225
Flag Rnk 75 / 96
2022
Origin $61.1M China
2021 - 2022
FASTEST GROWING ORIGIN $61.1MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $746M in Headgear, making it the 3rd largest exporter of Headgear in the world. At the same year, Headgear was the 69th most exported product in Italy. The main destination of Headgear exports from Italy are: Germany ($104M), France ($97.7M), United States ($78.5M), Switzerland ($58.3M), and United Kingdom ($38.4M).

The fastest growing export markets for Headgear of Italy between 2021 and 2022 were France ($13.5M), South Korea ($7.74M), and Japan ($4.91M).

Imports In 2022, Italy imported $555M in Headgear, becoming the 7th largest importer of Headgear in the world. At the same year, Headgear was the 75th most imported product in Italy. Italy imports Headgear primarily from: China ($225M), France ($60.8M), Germany ($45.8M), Netherlands ($44.5M), and Spain ($31.6M).

The fastest growing import markets in Headgear for Italy between 2021 and 2022 were China ($61.1M), Greece ($18.4M), and Netherlands ($12M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Headgear exports accounted up to €58.9M and imports accounted up to €40.4M, resulting in a positive trade balance of €18.5M. Between March 2023 and March 2024 the exports of Italy's   Headgear have decreased by €-4.79M (-7.52%) from €63.7M to €58.9M, while imports increased by €5.16M (14.6%) from €35.2M to €40.4M.

Destinations In March 2024, Headgear were exported mostly to Germany (€9.31M), France (€9.23M), United States (€4.98M), Spain (€4.12M), and China (€3.26M), and were imported mostly from China (€15.1M), Netherlands (€6.23M), Germany (€4.86M), France (€4.65M), and Spain (€2.58M).

Growth In March 2024, the decrease in Headgear's year-by-year exports was explained primarily by a decrease in exports to Switzerland (€-1.64M or -30.4%), Poland (€-312k or -20.5%), and Czechia (€-92.6k or -19.5%). In March 2024, the increase in Headgear's year-by-year imports was explained primarily by an increase in imports from Germany (€1.73M or 69%), Netherlands (€1.23M or 64.9%), and Belgium (€880k or 142%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-4.79M(-7.52%)
IMPORT GROWTH (March 2023 - March 2024)€5.16M(14.6%)
MAIN DESTINATION (March 2024)Germany€9.31M

This section shows Headgear's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Headgear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$746M
IMPORTS (2022)$555M
NET TRADE (2022)$192M

In 2022, Italy exported $746M in Headgear. The main destinations of Italy exports on Headgear were Germany ($104M), France ($97.7M), United States ($78.5M), Switzerland ($58.3M), and United Kingdom ($38.4M).

In 2022, Italy imported $555M in Headgear, mainly from China ($225M), France ($60.8M), Germany ($45.8M), Netherlands ($44.5M), and Spain ($31.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Headgear EXPORT MARKETS FOR Italy WERE (2021 - 2022):
France$13.5M (16.1%)
South Korea$7.74M (50.8%)
Japan$4.91M (30.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Headgear BY Italy WERE (2021 - 2022):
Switzerland-$6.94M (-10.6%)
United Kingdom-$5.49M (-12.5%)
Russia-$3.1M (-26.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Headgear were:
China $7.5B
Vietnam $879M
In 2022, Italy's main importing competitors in Headgear were:
United States $3.77B
Germany $1.32B
France $817M

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Trade Value of Headgear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $28.1M
TOP IMPORT POTENTIALChina+ $11.3M

Headgear’s highest export potential is United States. With an export gap of $28.1M.   Headgear’s highest import potential is China with an import gap of $11.3M.

See methodology.

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